London’s Economy Today editorial – April 2026 April 30th, 2026 by Daryl Rozario, Jubair Ahmed, Gordon Douglass, and Sixia Zhang The economic fallout from the disruption in the Strait of Hormuz continues Since the opening of hostilities between the US and Israel and Iran on 28 February the economic effects of this conflict have become more evident. Despite the announcement of a ceasefire on 7 April the Strait of Hormuz has remained severely restricted to…
London’s Economy Today editorial – January 2026 January 29th, 2026 by Daryl Rozario, Jubair Ahmed, Gordon Douglass and Sixia Zhang UK inflation picks up in December The Office for National Statistics (ONS) published data on December’s Consumer Price Index (CPI) inflation this month. This showed that CPI inflation rose by 3.4% in the 12 months to December 2025; up from 3.2% in November (Figure 1). This was higher than expected by most surveyed economists who…
London’s Economy Today editorial – October 2025 October 30th, 2025 by Daryl Rozario, Jubair Ahmed, Gordon Douglass, Ali Ögcem and Sixia Zhang UK inflation remains steady in September The Office for National Statistics (ONS) published data on September’s Consumer Price Index (CPI) inflation this month. This showed that CPI inflation remained unchanged at 3.8% in the 12 months to September 2025; it has remained at this level since July (Figure 1). This was lower than anticipated by…
London’s Economy Today editorial – July 2025 July 31st, 2025 by Daryl Rozario Jubair Ahmed Gordon Douglass Ali Ögcem and Sixia Zhang UK’s GDP contracts for a second month in a row in May The latest monthly UK GDP data from the Office for National Statistics (ONS) showed an unexpected contraction of 0.1% in May 2025 (Figure 1). This was the second monthly decline in a row following a 0.3% drop in April and was counter to…
London’s Economy Today editorial – April 2025 April 24th, 2025 by Daryl Rozario, Ali Ögcem, Gordon Douglass, Jubair Ahmed, and Sixia Zhang UK GDP grew strongly in February The Office for National Statistics (ONS) has this month published data for UK GDP growth in February. This data showed that UK output grew quite strongly in February, with GDP rising by 0.5% compared to a month earlier (Figure 1). This compares to zero growth in January, which was…
London’s Economy Today editorial – January 2025 January 30th, 2025 by Daryl Rozario, Ali Ögcem, Gordon Douglass and Sixia Zhang UK inflation slows marginally in December Consumer Price Index (CPI) inflation slowed in December, according to new data from the Office for National Statistics (ONS). CPI inflation rose by 2.5% in the 12 months to December 2024, down from 2.6% in the 12 months to November (Figure 1). Figure 1: This drop in inflation had…
London’s Economy Today editorial – July 2024 July 25th, 2024 by Daryl Rozario, Gordon Douglass, Sixia Zhang UK GDP continues to grow in May Data published by the Office for National Statistics (ONS) this month showed that the UK economy grew robustly in May. Monthly real GDP increased by 0.4% in May 2024 after stagnating in April (Figure 1). Figure 1: Monthly UK GDP growth and its contributions, May 2023 to May…
London’s Economy Today editorial – April 2024 April 25th, 2024 by Daryl Rozario, Gordon Douglass, Sixia Zhang UK GDP saw further growth in February This month saw the publication by the Office for National Statistics (ONS) of monthly GDP numbers for the UK for February 2024 (Figure 1). This data showed that the UK economy grew by 0.1% month on month in February. This follows monthly growth of 0.3% in January (revised…
London’s Economy Today editorial – April 2023 April 27th, 2023 by Daryl Rozario, Mike Hope, James Watson, Jasmine Farquharson Inflation still in double digits as doubts arise about persistent price pressures The UK continues to face inflation above 10% according to the latest figures by the Office for National Statistics (ONS). Consumer Price Index (CPI) inflation slowed in March 2023 but still came in at 10.1% year on year. While energy prices remain the…
